Drewloong Precision, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 08:31 pm
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Drewloong Precision, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 119.9 million compared to TWD 78.07 million a year ago. Net income was TWD 17.8 million compared to net loss of TWD 9.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to basic loss per share from continuing operations of TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.5 compared to diluted loss per share from continuing operations of TWD 0.27 a year ago.
For the nine months, sales was TWD 298.24 million compared to TWD 290.22 million a year ago. Net income was TWD 38.62 million compared to TWD 31.43 million a year ago. Basic earnings per share from continuing operations was TWD 1.08 compared to TWD 0.88 a year ago. Diluted earnings per share from continuing operations was TWD 1.08 compared to TWD 0.88 a year ago.
Drewloong Precision, Inc. is a Taiwan-based company principally engaged in the research, development, production and sale of large aircraft fuselage structure components, large aircraft engine structure components and special mold fixtures. The Companyâs main products include: aircraft fuselage structural components, which are used to assemble Boeing 737, Boeing 747, Boeing 767, Boeing 777 and Boeing 787 aircraft fuselage; aircraft engine components, which are used to assemble aircraft engines including LEAP A and LEAP B; aircraft landing gear components for A350 take-off and landing gear; as well as other special mold fixtures. The Company's sales customers are aircraft manufacturers.
DREWLOONG PRECISION, INC. 
